FAQ
Seton’s Homeowners Association is a not-for-profit company, which is incorporated and professionally operated, managed, and maintained. The Seton HOA will be responsible community assets, such as: entry features and the Seton HOA facility & park (an exclusive community recreation centre) for the lasting enjoyment of its membership.
In addition to promoting healthy living and enhanced quality of life, your HOA creates opportunities to meet your neighbours and develop connections. Social, educational, and recreational programming, events, and activities will inspire social engagement and lead to increased community spirit.
Seton residents will receive discounted pricing on all Seton HOA programs.
The HOA will also offer drop in programming at no cost for residents.
Yes! The Seton HOA team would love to hear from our community. Since we are in the early stages of community we would love to know more of how we can ensure we are offering programs and events that meet and lifestyle the needs of residents.
There are volunteer opportunities as Resident Director on the HOA Board of Directors. To learn more about the HOA Board of Directors, contact info@setonhoa.ca.
There will also be several exciting employment opportunities when the HOA opens.
Fees will be applicable to all homes in Seton once the HOA amenities are available. Fee notices will be mailed/emailed to every property in the Seton HOA boundary and information will be posted on the Seton connect website and in the e-newsletter.
Fees will initially be due the month the HOA amenities open (pro-rated through March 31).
Moving forward, fees will be due on April 1 of each year. Members will receive an annual fee notice in March of each year. There will be opportunities for one-time payments or monthly installment plans. Get in touch with the HOA team to work out what works best for your household.
For the fiscal year of April 1, 2025 – March 31st, 2026 – TDB
HOA fees are tied to the Consumer Price Index (inflation) and can be increased above the Encumbrance amount ($375) only by the annual Consumer Price Index amount. Click here for further information on the Consumer Price Index and Seton HOA fees.
No. Your HOA fee will be pro-rated from your possession date until March 31. At closing, your lawyer will request fee information and fee is easily paid at your closing appointment.
The funds are allocated to the administration and operation of the HOA amenities, including the HOA facility, exclusive park, and entry features, as well as to service the HOA’s debit.
Audited financial statements are sent to every member in the Annual General Meeting package and the annual budget is sent to every member in the annual fee package.
Yes, the Seton HOA is a not-for-profit company, registered under the Companies Act.
No. All property owners within the Seton HOA boundary are members of the HOA. Membership is attached to an encumbrance registered on the title of each property within the Seton HOA boundary.
An encumbrance is an agreement that secures the payment of money (e.g. a rent charge) and is listed on a property’s Certificate of Title. Another common encumbrance on title is a mortgage.
Several factors influence the rate of HOA fees, including the scale and type of amenities, the overall size of the community, construction costs for the facility and park amenities, interest rates, and ongoing operational expenses (including mortgage installments).
Long-term financial planning ensures that the encumbrance is established at a rate that will support the HOA’s operations and maintenance costs, while also paying off the mortgage obtained to build the facilities and amenities. Construction costs, interest rates, utility costs, insurance, and inflation are some factors that influence HOA expenses
The annual HOA fee is an encumbrance attached to the title of every property in Seton (within the HOA boundary). The encumbrance fees support and fund the HOA in order to operate and maintain the HOA maintenance programs and provide events for the lasting enjoyment of its members, Seton residents.
Seton residents will benefit by having certain amenities and assets, such as the HOA facility and exclusive park with enhanced amenities, which because of their unique nature, could not otherwise be provided. Seton residents will also benefit from the following:
- Full team of professional staff to manage and operate the HOA;
- Full-time Lifestyle Coordinator who will create and manage best in class programs and events for Seton Park residents
- Future enhanced maintenance program in key public green spaces.
The Seton HOA facility and park amenities are financed through contributions by the developer as well as through a mortgage with a bank. The mortgage represents a continuing financial obligation of the HOA, with a portion of the HOA fees allocated to servicing the debt.
The developer generously donated the land on which the HOA facility and park are situated, funded other development costs, provided construction management services through completion of these amenities, and will provide ongoing financial support to the HOA during the build-out of the community.
Yes. The Seton Park HOA park is for the exclusive use of residents within the Seton HOA boundary and their guests.
Yes! Spaces within the facility will be available for rental for private functions.
Seton residents will receive discounted pricing for all rentals and rental packages. Facility rental rates and rental packages (e.g. birthday party packages) will be available on this website prior to the facility opening.
Members of the Association (residents within the Seton HOA boundary) elect the Resident Directors annually at the Annual General Meeting. The AGM is typically held in November.
The Board of Directors consists of seven (7) members in good standing of the community and three (3) representatives of Brookfield Residential. The Board meets on a regular basis to: ensure policies are properly set, review the annual operating budget, be the voice of fellow residents for HOA-related matters, provide input on the HOA, and participate in community events. There is a management agreement in place with Brookfield Residential until the turnover date (when the community is substantially complete); accordingly, Brookfield Residential holds the President, Treasurer, and Secretary position until that time. Brookfield abstains from voting on several occasions, leaving most decisions to the resident directors.
Email us at info@setonhoa.ca
Yes. Community Associations are volunteer organizations, established with support by the City, and are dependent upon sponsorship and fundraising in order to operate. Community Associations are known to be involved in organized minor sports such as soccer, baseball, and hockey, as well as being the political voice of the community. Community Associations work with City Officials in establishing social policies, they are the voice of residents if playground zone areas are required, speed zone reductions are requested, issues arise regarding signage control and other potential community safety issues. Membership to the Community Association is voluntary and could involve members from several different communities.
The Seton community does not have a Community Association established yet.
Further information on the difference between a Community Association and the Seton Homeowners Association can be found here.